Sixth Street Specialty Lending (TSLX) to Release Quarterly Earnings on Wednesday

Sixth Street Specialty Lending (NYSE:TSLX - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Sixth Street Specialty Lending to post earnings of $0.53 per share and revenue of $110.42 million for the quarter.

Sixth Street Specialty Lending (NYSE:TSLX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The company had revenue of $113.92 billion for the quarter, compared to analysts' expectations of $116.70 million. Sixth Street Specialty Lending had a return on equity of 13.60% and a net margin of 36.59%. During the same period last year, the firm posted $0.52 EPS. On average, analysts expect Sixth Street Specialty Lending to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sixth Street Specialty Lending Price Performance

Shares of NYSE TSLX traded up $0.05 during trading hours on Friday, reaching $24.45. 373,924 shares of the stock traded hands, compared to its average volume of 473,452. The company has a market capitalization of $2.30 billion, a P/E ratio of 12.94 and a beta of 0.83. The company has a quick ratio of 3.06, a current ratio of 3.06 and a debt-to-equity ratio of 1.15. Sixth Street Specialty Lending has a 52-week low of $18.58 and a 52-week high of $25.17. The company's 50-day simple moving average is $23.59 and its two-hundred day simple moving average is $22.38.

Sixth Street Specialty Lending Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 2nd were issued a dividend of $0.06 per share. The ex-dividend date was Friday, May 30th. This represents a dividend yield of 9.21%. Sixth Street Specialty Lending's dividend payout ratio is 97.35%.

Hedge Funds Weigh In On Sixth Street Specialty Lending

A hedge fund recently raised its stake in Sixth Street Specialty Lending stock. Integrated Wealth Concepts LLC increased its stake in shares of Sixth Street Specialty Lending, Inc. (NYSE:TSLX - Free Report) by 38.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,539 shares of the financial services provider's stock after acquiring an additional 4,597 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Sixth Street Specialty Lending were worth $370,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 70.25% of the company's stock.

Analyst Ratings Changes

TSLX has been the topic of a number of research reports. Wells Fargo & Company decreased their price objective on Sixth Street Specialty Lending from $23.00 to $22.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Raymond James Financial decreased their price objective on Sixth Street Specialty Lending from $24.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. B. Riley initiated coverage on Sixth Street Specialty Lending in a report on Tuesday, May 13th. They set a "buy" rating and a $23.00 price objective on the stock. Finally, JPMorgan Chase & Co. decreased their price objective on Sixth Street Specialty Lending from $23.00 to $21.50 and set an "overweight" rating on the stock in a report on Thursday, April 24th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $22.81.

About Sixth Street Specialty Lending

Sixth Street Specialty Lending, Inc NYSE: TSLX is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing.